Monday, July 8, 2013

The first week of July is not just a time for celebrating
the birth of the United States of America but also a time to look towards the
country’s future and welcome new immigrants as US Citizens. Last week’s
Independence Day celebrations coincided with more than 100 naturalization
ceremonies, taking place around the country between July 1st and 5th.Some 7,800 people took the Oath of Allegiance
and with it the opportunity to “fulfill their dream of becoming US Citizens,” in
the words of USCIS Director Mr. Alejandro Mayorkas.

This year’s celebration of citizenship also featured special
naturalization ceremonies at sites integral to America’s struggle to maintain
independence and defend freedom, including: the USS Midway Museum in San Diego;
the Battleship Missouri Memorial at Pearl Harbor, Hawaii; Perry’s Victory and
International Peace Memorial in Put-in-Bay, Ohio; and aboard the USS
Constitution in Boston.

Wednesday, July 3, 2013

During
the week of June 17th CiF was pleased to host representatives from
the Wailian Overseas Consulting Group for a tour of our offices, EB-5 project sites, and the City of Cleveland. CiF has worked with Wailian on several EB-5
projects in the past and was excited to show them the successes we have had and
how EB-5 projects were progressing.

EB-5 funds to partly fund the
construction of two new, award winning hospitals in Cleveland. The Ahuja
Medical Center is a full service hospital in suburban Cleveland and the Seidman
Cancer Center is a nationally recognized facility that offers comprehensive
cancer treatments.

Later
in the day the Wailian reps toured other projects, including the Flats East
Bank project in downtown Cleveland. The Flats Project recently opened, now that
the Ernst & Young office tower and Aloft hotel are both online. The Wailian
team toured the new office and hotel facilities and met with Flats East Bank
developers.

Monday, July 1, 2013

The EB-5 industry trade group, the Association to Invest in
USA (IIUSA), held its 3rd Annual International EB-5 Forum this past
June. The conference was held over three days and offered attendees the chance
to participate in workshops, take part in lectures, and to develop business
relationships with other members of the EB-5 community.

CiF’s executive staff attended the event, both to take
advantage of the industry analysis offered and because CiF CEO Mr. Stephen
Strnisha was invited to give a presentation on the use of alternative
financing, with the Flats East Bank project as a case study. With construction
largely completed and tenants moving in, the catalytic Flats East Bank project
has become a notable success story in the EB-5 industry. Conference attendees
were eager to learn from CiF’s experience how they too could leverage EB-5
investment funds, along with other alternative sources of financing, to make
quality large-scale development projects a reality.

About CiF

Cleveland International Fund (CiF) is a private equity fund that finances local, job-creating projects by raising investment funds from around the globe. Operating under a US government program known as EB-5, we offer our foreign investors and their families an expedited path to permanent US Residency. We also fulfill a mission of financing job-creating projects that spur economic development in our community.

Disclaimer

This material is not an offer or solicitation to invest in any security, does not form part of any existing or future solicitation or offering, and is provided for general information purposes only and not as immigration, investment or tax advice. Security offerings, if any, will only be made pursuant to exemptions from registration requirements set out in applicable securities laws. The content hereof is qualified in its entirety by any offering memorandum and related operating agreement that may exist now or in the future.